Lycom Group
ActiveLycom Group has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €43k and a net result of €6k. Equity is growing by ~58.1% per year across the filed fiscal years. Its solvency ranks better than 72% of 8969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
93
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▼-27
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 3.06 against 2.04 in 2023), and 24.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
75.5%
Return on assets
11%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
37 d early
2022
34 d early
2021
31 d early
2020
31 d early
2019
28 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€43k▲ 17.0%
2023 · €37k
2018: €3k
2019: €-14k
2020: €-19k
2021: €8k
2022: €29k
2023: €37k
2018 → 2024
Total assets
€58k▲ 5.5%
2023 · €55k
2018: €51k
2019: €29k
2020: €19k
2021: €36k
2022: €50k
2023: €55k
2018 → 2024
Net result
€6k▼ 21.9%
2023 · €8k
2018: €-4k
2019: €-17k
2020: €-5k
2021: €28k
2022: €21k
2023: €8k
2018 → 2024
Working capital
€29k▲ 60.5%
2023 · €18k
2018: €-3k
2019: €-16k
2020: €-19k
2021: €-11k
2022: €5k
2023: €18k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-19k-€8k€29k▲ 244%€37k▲ 27.8%€43k▲ 17.0%
Operating result€-5k-€28k€21k▼ 25.0%€8k▼ 62.9%€7k▼ 7.3%
Net result€-5k-€28k€21k▼ 25.3%€8k▼ 60.8%€6k▼ 21.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 7% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €58k
Fixed assets
€14k▼ 24.4%
Current assets
€43k▲ 21.5%
Equity and liabilities €58k
Equity
€43k▲ 17.0%
Debt
€14k▼ 19.0%
The debt ratio falls from 32.0% to 24.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€13k▼
2023 · €13k
Cash flow
€12k▼
2023 · €13k
Solvency
75.5%▲
2023 · 68.0%
Current ratio
3.06▲
2023 · 2.04
Quick ratio
3.06▲
2023 · 2.04
Debt / equity
0.33▼
2023 · 0.47
ROE
14.5%▼
2023 · 21.8%
ROA
11.0%▼
2023 · 14.8%
Interest coverage
187.45▼
2023 · 232.07
Debt
€14k▼
2023 · €17k
Debt ≤ 1 year
€14k▼
2023 · €17k
Income taxes
€779▲
2023 · €236
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€55k€58k▲
Fixed assets21/28€19k€14k▼
Tangible fixed assets22/27€19k€14k▼
Furniture and vehicles24€19k€14k▼
Current assets29/58€36k€43k▲
Amounts receivable within one year40/41€15k€6k▼
Trade receivables40€15k€2k▼
Other amounts receivable41-€5k
Cash at bank and in hand54/58€20k€36k▲
Deferred charges and accrued income490/1€862€1k▲
Equity and liabilities
Total equity and liabilities10/49€55k€58k▲
Equity10/15€37k€43k▲
Contributions10/11€50k€50k=
Profit (loss) carried forward14€-13k€-7k▲
Amounts payable17/49€17k€14k▼
Amounts payable within one year42/48€17k€14k▼
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€4k€2k▼
Other amounts payable47/48€12k€11k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€834€835▲
Gross operating margin9900€14k€13k▼
Operating profit (loss)9901€8k€7k▼
Financial income75/76B€651-
Recurring financial income75€651-
Financial charges65/66B€56€67▲
Recurring financial charges65€56€67▲
Profit (loss) for the period before taxes9903€8k€7k▼
Income taxes67/77€236€779▲
Profit (loss) for the period9904€8k€6k▼
Profit (loss) for the period to be appropriated9905€8k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-7k▲
Profit (loss) brought forward from the previous period14P€-21k€-13k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 1.23
Current ratio from 0.60 to 1.23; short-term debt falls from €27k to €21k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €28k
Net result €28k after 3 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Cipresdreef 7/99030 GentGround area
2,198 m²
Building footprint
231 m²
Volume, LiDAR
1,283 m³
Parcel 44017A1163/00E000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lycom Group BVBA
since 20152.243.517.453
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017A1163/00E000 | Flanders | 2,198 m² | 1 · 231 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,810 companies in sector 73110 we hold annual accounts for 3,724. 2,956 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-07-2015
Fiscal year end31-12
Trade name NL
Lycom
Activities, NACEBEL
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.